Gulf Hotels (Oman) Company Limited SAOG reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was OMR 1.21 million compared to OMR 1.01 million a year ago. Net loss was OMR 0.246305 million compared to OMR 0.222856 million a year ago. Basic loss per share from continuing operations was OMR 0.072 compared to OMR 0.065 a year ago. Diluted loss per share from continuing operations was OMR 0.072 compared to OMR 0.065 a year ago.
For the nine months, sales was OMR 4.86 million compared to OMR 3.97 million a year ago. Net income was OMR 0.112825 million compared to net loss of OMR 0.22514 million a year ago. Basic earnings per share from continuing operations was OMR 0.033 compared to basic loss per share from continuing operations of OMR 0.066 a year ago. Diluted earnings per share from continuing operations was OMR 0.033 compared to diluted loss per share from continuing operations of OMR 0.066 a year ago.